Funding you earn now, next payment 03:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h +0.001%
Price spread now: Ondo Perps against BloFin−0.106%7-day average −0.107% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.106%, 7d avg −0.107%
=Together, before fees−0.034%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.107%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MSFT-USDT | 501.16 | 0.0004 | pay 0.0004% / 8h | 5h 03m | $189K | $203K | 20x |
| Short | Ondo Perps MSFT-USD.P | 500.63 | 0.0050 | get 0.0006% / 1h | 3m 02s | $515K | $494K | 15x |
BloFin MSFT-USDT
Ondo Perps MSFT-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.82
- Price spread: −0.106% → −0.107%
- $0.17
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$7.01
- Costs to cover
- 0.170%
- Break-even
- 12.0 days
Slippage unknown: BloFin: live order book, 35 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 35 min ago | 0.10 bp | 12.8 bp −$13 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MSFT on 34 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MSFT-PERP-INTX | −0.0064% | 1h | 500.97 | −0.038% | $678K | $458K | 10x | as long as short |
| Nado MSFT-PERP | −0.0033% | 1h | 500.79 | −0.075% | $413K | $64K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.23 | +0.014% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.03 | −0.027% | $337K | $888K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.12 | −0.007% | $15.7M | $19.0M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 500.84 | −0.064% | $7.2M | $2.1M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.29 | +0.026% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 500.98 | −0.036% | $3.1M | $1.7M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.08 | −0.016% | $4.5M | $2.5M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 500.98 | −0.036% | $1.3M | $647K | — | as long as short |
Coinbase International MSFT-PERP-INTX
Nado MSFT-PERP
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.10 | −0.012% | $19K | $299K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 501.92 | +0.152% | $6K | $4.1M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 500.81 | −0.070% | $27K | $41K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 500.90 | −0.052% | $58K | $226K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.33 | +0.034% | $2.2M | $773K | 10x | as long as short |
| BloFin MSFT-USDTlong | +0.0004% | 8h | 501.16 | long leg | $189K | $203K | 20x | |
| QFEX MSFT-USD | +0.0030% | 1h | 501.07 | −0.018% | $1.1M | $5.6M | 10x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 500.91 | −0.050% | $682K | $2.0M | 20x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 500.84 | −0.064% | $96K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 500.98 | −0.036% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 500.73 | −0.086% | $22.1M | $8.8M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 500.74 | −0.084% | $301K | $648K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 500.95 | −0.042% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.Pshort | +0.0050% | 1h | 500.63 | −0.106% | $515K | $494K | 15x | |
| Paradex MSFT-USD-PERP | +0.0056% | 8h | 500.97 | −0.038% | $220 | — | 5x | as long as short |
| Phoenix MSFT | +0.0064% | 1h | 500.91 | −0.050% | $10K | $15K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0080% | 1h | 500.70 | −0.092% | $32K | $8K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 500.96 | −0.040% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 500.58 | −0.116% | $159K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.01 | −0.030% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 500.97 | −0.039% | $55 | — | 10x | as long as short |
| Lighter MSFT | +0.0168% | 1h | 501.23 | +0.014% | $1.1M | $479K | 20x | as long as short |
| edgeX MSFTUSDC | +0.0179% | 4h | 501.04 | −0.024% | $102K | $243K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.49 | +0.066% | $115K | $45K | 30x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
QFEX MSFT-USD
Lighter RH MSFT
Arcus MSFT-USD
Vest MSFT-USD-PERP
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Phoenix MSFT
Hotstuff MSFT-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Lighter MSFT
edgeX MSFTUSDC
Injective MSFT/USDC PERP